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First Wind Nixes Planned Mass. Farm
First Wind has canceled plans to build a wind farm in Brimfield, Mass., due to a weak wind regime.
March 04, 2011
SoCalEd Misses Renewables Mark
Southern California Edison derived 19.4% of its generation from renewables, failing to hit its target of 20%.
March 04, 2011
Hedge Funds Size Up Renewables
Renewable assets are attracting the attention of some hedge funds looking to enter a sector that has access to the capital markets and the potential for long-term growth.
March 03, 2011
“I think the standard line in this business, and I’m no exception, is that we’d like to have it as soon as possible.”
—Douglas Perry, president of Davenport Power in Stamford, Conn., on looking to secure equity investment for developing its Newberry geothermal project
March 03, 2011
One Year Ago In Power Finance & Risk
Larry Kellerman retired as Cogentrix’s president and head of power assets, and was succeeded by Tom Bonner, coo.
March 03, 2011
U.S. PowerGen Targets Final Bids For Astoria
U.S. Power Generating Co. is expecting final bids for its 2.3 GW Astoria Generating unit to come this month.
March 03, 2011
EverPower Wraps Pa. Wind Financing
Key Bank has closed a $59 million financing backing EverPower’s roughly $150 million, 75 MW Highland North Wind Farm in Cambria County, Pa.
March 03, 2011
CPV Sets Thermal Pricing Low
Bank of Tokyo-Mitsubishi UFJ has priced a more than $400 million financing backing a Competitive Power Ventures gas-fired plant at 225 basis points over LIBOR.
March 03, 2011
Utah Geothermal Co. Widens Sale
Raser Technologies has broadened a planned sale from a single geothermal facility to the company as a whole, as it looks to net a bigger pool of interested buyers.
March 03, 2011
Maine Regulators Nix Transmission Project
The Maine Public Utilities Commission has rejected the Lewiston Loop transmission project proposal by Central Maine Power Co.
March 03, 2011
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